Visiting Nurse Association of Central Jersey Foundation Inc

What it reported doing in 2024

VISITING NURSE ASSOCIATION OF CENTRAL JERSEY FOUNDATION, INC. IS A FUNDRAISING ORGANIZATION THAT SUPPORTS THE COMMUNITY SERVICES AND PROGRAMS OF ITS AFFILIATED ORGANIZATIONS. THE AFFILIATED ORGANIZATIONS PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2024, APPROXIMATELY 753,000 VISITS WERE PROVIDED TO OVER 39,000 INDIVIDUALS WHO RECEIVED HOME HEALTH CARE, HOSPICE, AND OTHER HEALTHCARE SERVICES FROM ITS AFFILIATED ENTITIES. Our innovative, programmatic Institutes focus on three critical cores of VNA Health Group: health of children and their families; coordination of care enhanced by technology; and care for patients with serious, chronic and end-stage illness. Each institute has an expert thought leader and is providing enhanced access, care and services for patients, their families and our communities. Our Advanced Care Institute helps patients with late-stage, chronic illnesses stay at home comfortably with support from family, a visiting physician, and A palliative care team. Our goal is to educate clinicians, communities, patients and their families on best practices in chronic disease and palliative and hospice care. Within the Children and Family Health Institute are three centers focused on helping children and families achieve their highest level of health from pre-natal to adult: the Center for Early Childhood Development and Family Support; the Center for Primary Care and Public Health; and the Center for Pediatric Home Care. The Connected Health Institute spearheads mobile and digital initiatives to improve patient outcomes. With more than 1,500 clinicians, VNA Health Group and its affiliates have the unique opportunity to become a nationally recognized leader in researching, developing, and testing technologies that improve patient care. SIGNIFICANT changes are underway in health care including a dramatic increase in the older adult population, a national movement to contain health costs and expansion in mobile and digital health technologies. VNA Health Group is taking bold steps to reimagine how IT can address these challenges, secure ITS future and improve care for PATIENTS, including the most frail and vulnerable. Our unique organizational structure features Joint Venture Partnerships with RWJBarnabas Health and Englewood Hospital and Medical Center for Home Health, Hospice and Palliative Care Services, Parker Home and Community Based Services, and the MetroHealth System as well as acquisitions of organizations aligned with VNA's mission.

Financial Efficiency

• Mission deployment rate: 0%; rating input score 0
• Program expense ratio: 0%; rating input score 0
• Fundraising efficiency: $0.69 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 97.3%; rating input score 97; 27th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 98.5%; rating input score 100; 100th percentile among comparable filings
• Total-asset coverage ratio: 385.39; rating input score 100; 100th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
• Officer compensation ratio: 437.9%; rating input score 0; 0th percentile among comparable filings

Growth

• Program expense growth: -3.5% per year; rating input score 0; 7th percentile among comparable filings
• Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
• Asset growth: 3.6% per year; rating input score 100; 27th percentile among comparable filings